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Mayor's Office

Mayor's Office grant for early development costs at 2060 Folsom St

Original title: “AHF-INCL FOR 2060 FOLSOM ST PREDEV COSTS”

$1.6M
paid on this contract in FY2019
$2.5M paid so far, more than the $2.5M recorded as agreed · runs to September 2072
August 31, 2017September 30, 2072
running

Paid to

2060 Folsom Housing LPprime contractor$2.5M

Paid from, FY2019

The fund tells which City account paid. Enterprise funds (Airport, Muni, Water…) are mostly paid from their own fees, fares and rents; the General Fund is mostly local taxes. A special revenue fund holds money earmarked for a purpose, often grants. The fund does not say where the money first came from.

Special revenue fund · multi-year projects100%$1.6M

Paid year by year, FY2018–FY2019

FY2019$1.6M
FY2018$993,338

Type and award

Contract type: Grants the City gives out

Award: Grant

Next contract in this departmentLoan for construction and project financing from the Mayor's Office222nd of 518 active contracts in this department by amount agreed$2.5M

Contract 1000007602 · Source: Supplier Contracts · every payment on this contract